Glaston Oyj Abp
Glaston closes a significant machinery deal with leading European glass processor
Glaston Oyj Abp 23.10.2014 12:00 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Helsinki, Finland, 2014-10-23 12:00 CEST (GLOBE NEWSWIRE) -- Glaston Corporation Stock exchange release 23 October 2014 at 13.00 Glaston closes a significant machinery deal with leading European glass processor Glaston Corporation has closed a deal for advanced glass processing machinery valued at over EUR 4 million with Press Glass SA, a leading European glass processor. The order is booked in Glaston's Q4 2014 order book. The deal includes three special models of the Glaston FC500(TM) tempering furnaces for processing tempered glass with outstanding optical quality. The delivery will be made during Q2 and Q3 in 2015. Technology leadership and advantage has been the starting point for this customer relationship that began already in 2003. Since 2010 the cooperation has deepened. 'Technological advantage and trustworthiness are key elements in our cooperation. We help our customer to keep their promises. They are also eager to discuss, test and implement new technological innovations. This is a win-win situation that is highly appreciated by our company', states Arto Metsänen, CEO & President of Glaston Corporation. Press Glass , a company founded in 1991, has during the past years expanded its operations strongly and is currently operating in four locations in Poland. The company is significantly developing its plant in Radomsko, which already is the largest center in Europe for processing glass for the European construction industry. The plant in Radomsko will be equipped with machines using state-of-the-art technology. For further information, please contact: Juha Liettyä, SVP Machines, Tel. +358 10 500 500 GLASTON CORPORATION Agneta Selroos Director, Communications and Marketing Glaston Corporation Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our product portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers' continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. For more information, please visit www.glaston.net. Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List. Distribution: NASDAQ OMX Helsinki Ltd, Key Media, www.glaston.net News Source: NASDAQ OMX 23.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Glaston Oyj Abp Finland Phone: Fax: E-mail: Internet: ISIN: FI0009010219 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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